JOHANNESBURG - Analysts say tough times lie ahead for the rand after sliding to record lows against the US dollar.
The slide came after allegations of South Africa sending weapons to Russia.
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But experts say economic uncertainty and the energy crisis are not helping.
The latest shock to the rand comes as government announced plans to provide diplomatic immunity to Russian President Vladimir Putin when he attends the BRICS summit in August.
Investors have also increasingly become concerned over the electricity crisis, despite Electricity Minister Kgosientsho Ramokgopa being granted executive powers by President Cyril Ramaphosa.
The rand is trading around 26 percent weaker than a year ago.